positive promotion for the georgina basin, page-21

Coppa, I don't know if the market has been informed one way or the other on recent developments...

We do have PFC telling us that Fraccing will take place as soon as the horizontal drilling has been completed in Owen-3. For my money, that still stands!!

There has been no official announcement from the N.T. Govt.,on this particular situation.There has,however, been a lot of "reported" hearsay from various parties with equally various axes to grind..

Including,for example,Landowner(?)groups, BKP shareholders,N.T Govt.Depts coping with,to them,relatively new developments that may possibly/probably upset some of the stakeholders..

My personal opinion is that the fraccing will take place,as per schedule,BUT,there are many factors that will influence the timetable.

I doubt if Statoil were unaware of any "hidden obstacles" to progress,before deciding to be involved for a very large sum of money.

I,personally,have no doubts that it will all come to pass, eventually,in a most satisfactory manner.All we at the bottom of the food chain need,is heaps of patience..

The question of 'When"is just a matter of time,BUT,the major conundrum is:-how will the product be got to market?